Bloomberg For the longest time, Canadian real estate investment trusts were a stalwart for income investors. Now, dividend payments hang in the balance as commercial and residential tenants struggle to pay rent during a pandemic that has shut down much of the economy. Typically seen as a place to get a high, safe payout in a world of low bond ...

Bloomberg The bad-asset bank created when a group of Russia’s biggest private lenders collapsed sees the twin shocks of plunging oil prices and global economic pain wrought by the coronavirus pandemic as a chance to expand. “There’s every reason to believe that the amount of problem assets in 2020 will grow significantly,” Bank Trust Chief Executive Officer Mikhail Khabarov said ...

Bloomberg Norway’s sovereign wealth fund, the world’s biggest, lost a record $113 billion in the first quarter after the economic shock caused by the coronavirus pandemic triggered a sell-off in global stock markets. The loss comes at an historic moment for the fund, as it may soon need to liquidate assets for the first time to cover Norway’s emergency spending ...